In an emotional televised speech, singer Michael Jackson Wednesday declared his innocence of child molestation allegations and admitted law enforcement authorities ordered a body search of him.
The marriage of Paramount and Viacom, which Sumner Redstone and Martin Davis swore would never be torn asunder, was annulled Wednesday by the Paramount board of directors.
SUBSCRIBE TO VARIETY TODAY.
Chronicle Publishing Co. has decided to put its cable television division up for sale, two San Francisco newspapers reported. The board of the privately held company plans to sell the division…
Hollywood Entertainment Corp. plans to raise $ 20 million to $ 25 million in a public offering of its common stock to largely finance its acquisition of the Video Central superstore chain.
The future of two Walt Disney Co. theme parks grew fuzzier this week following separate developments relating to Disney's proposed $ 3 billion Westcot project and the money-losing European park, Euro…
Pat Robertson's Intl. Family Entertainment Inc., whose tender offer for Nostalgia Network Inc. was due to expire at noon today, will extend the offer, sources said.
A federal appeals court has denied Hollywood's request for a stay of a lower court ruling tossing out antitrust consent decrees imposed on the Big Three networks.
The son of a man killed by followers of Charles Manson said Geffen Records has agreed to turn over any royalties earned by a Manson song on the Guns N' Roses album "The Spaghetti Incident?"
Sept. 12, 1993 -- Paramount Communications Inc. announces plan to merge with Viacom Intl. Inc. in a deal worth $ 8.2 billion or $ 69.14 per Par share -- 17.9 times cash flow.
Two financial companies have sued Cannon Pictures Inc. in U.S. District Court for more than $ 14 million related to an alleged breach of a film financing contract.
While Wall Street continues to keep a vigil waiting for a clearer indication of a winner in the ongoing battle for Paramount Communications, financial sources said the auction process is still in its…